Liberals decry his Fox News Channel as anything but "fair and balanced," but the new Friend of Hillary keeps on rolling. Native Australian studied at Oxford, inherited Adelaide, Australia newspaper at age 23. Success came in U.S.: New York Post, Chicago Sun-Times, Fox film studio, broadcasting network and cable news; 38% stake in DirecTV. Naturalized U.S. citizen now focuses online. Bought teen social network MySpace for $580 million last year. Shares of holding company News Corp up 30% since November. Tireless networker brought in Bono, Bill Clinton for company conference on environment, Islam in the West, future of the world. Owns homes in Australia, London, New York, California.

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